Eiffage SA (EFGSY) AI Stock Analysis

• Market Cap: $14.43B
• Dividend Yield: 2.54%
• Average Volume (3M): 334.00
• Price to Earnings (P/E): 13.3
• Beta (1Y): 0.24
• Revenue Growth: 8.31%
• EPS Growth: -2.44%
• Country: US
• Employees: 84,400
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.72
• Shares Outstanding: 490,000,000
• 10 Day Avg. Volume: 650
• 30 Day Avg. Volume: 334
• PEG Ratio: 2.03
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.32
• P/FCF Ratio: 2.79
• Enterprise Value/Market Cap: 1.63
• Enterprise Value/Revenue: 0.94
• Enterprise Value/Gross Profit: 0.81
• Enterprise Value/Ebitda: 5.80
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: $34.00 ▲(16.00% Upside)

Eiffage SA's strong financial performance and positive earnings call guidance are the most significant factors contributing to its score. While technical analysis presents mixed signals, the company's fair valuation and attractive dividend yield support a favorable outlook. Challenges in the French real estate market and exceptional taxes are notable risks.

Positive Factors

Revenue & Organic Growth

Sustained top-line expansion with meaningful organic growth and strong European performance indicates the core business is gaining market share outside France. This diversifies revenue, supports long-term margin resilience, and signals demand durability across multiple segments beyond cyclical domestic markets.

Cash Generation & FCF

Robust cash conversion and double-digit FCF growth underpin financial flexibility: funds capital expenditure, debt service, dividends and acquisitions without over-reliance on external financing. Strong cash generation is a durable advantage in construction, smoothing cycles and enabling strategic investment.

Order Book Visibility

A EUR 29.5bn order backlog provides multi-year revenue visibility and reduces short-term cyclicality for project awards. This backlog supports planning, capacity utilization, and pricing leverage, improving predictability of earnings and underpins sustained revenue and margin performance over the medium term.

Negative Factors

Elevated Financial Leverage

Relatively high leverage increases interest and refinancing risk, constraining financial flexibility for large-scale capex or opportunistic M&A. In a capital-intensive sector, this structural indebtedness can magnify earnings volatility and limit ability to absorb prolonged project delays or cost overruns.

Exposure to French Property Downturn

Material decline in property development profits reflects deep weakness in the French real estate market. Given Eiffage’s exposure, prolonged domestic property impairment can weigh on consolidated margins and cash flows, reducing the company’s overall earnings quality and growth runway.

Exceptional Corporate Tax Impact

A substantial exceptional tax charge meaningfully reduces net profit and distributable cash. While labeled exceptional, the magnitude and political origin create structural earnings risk, potentially limiting retained earnings, investment capacity and shareholder returns if similar measures recur or expand.

Eiffage SA Business Overview & Revenue Model

Company Description

Eiffage SA engages in the construction, infrastructure, energy systems, and concessions businesses in France and internationally. The company's Construction segment offers urban development, building design and construction, property development, and maintenance and facilities management services for public and private-sector customers. Its Infrastructure segment is involved in the civil engineering, road and rail design and construction, drainage, earthworks, and metallic construction. The company's Energy Systems segment designs, constructs, integrates, operates, and maintains of energy and telecommunication systems and installations. Its Concessions segment finances, designs, builds, maintains, and services motorways and other large infrastructure projects, public facilities, and buildings and urban developments, as well as operates toll structures under concessions and public-private partnerships. The company was incorporated in 1920 and is headquartered in Vélizy-Villacoublay, France.

How the Company Makes Money

Eiffage generates revenue primarily through its construction and concessions activities. The company undertakes large-scale projects, including building infrastructure such as roads, bridges, and railways, which are typically funded through government contracts and private partnerships. Key revenue streams include construction contracts, public-private partnerships (PPPs), and maintenance services. Eiffage also benefits from long-term concessions, where it operates and maintains infrastructure facilities, leading to a steady income stream. Additionally, the company leverages its expertise in renewable energy projects to tap into the growing demand for sustainable energy solutions, further diversifying its revenue sources. Collaborations with government entities and other private firms enhance its project portfolio and financial stability.

Eiffage SA Financial Statement Overview

Summary

Eiffage SA demonstrates strong financial performance with robust revenue growth, high profitability margins, and efficient cash flow management. Despite a relatively high leverage, the company's solid operating performance and cash generation capabilities provide a stable foundation for future growth.

Income Statement

Eiffage SA has demonstrated robust revenue growth with a 7.45% increase in 2024 compared to 2023. The gross profit margin remains high at approximately 83.6% for 2024, indicating efficient cost management. Net profit margin improved slightly to around 4.33% in 2024, showing sound profitability amidst industry challenges. The EBIT margin is strong at 10.06%, while the EBITDA margin at 16.87% reflects healthy earnings before non-cash expenses. Overall, the company shows strong growth momentum and solid profitability.

Balance Sheet

Eiffage SA maintains a balanced financial structure with a debt-to-equity ratio of 2.49, indicating a moderate reliance on debt financing. The equity ratio stands at 16.67%, reflecting a well-capitalized position. Return on equity improved to 15.49% in 2024, showcasing efficient utilization of shareholders' funds. While leverage is on the higher side, the company's equity base and return metrics remain strong.

Cash Flow

The company achieved a notable free cash flow growth rate of 12.95% in 2024, underlining its strong cash generation ability. The operating cash flow to net income ratio is 3.56, indicating robust cash flows relative to earnings. Free cash flow to net income ratio is solid at 2.67, reflecting efficient conversion of profits into cash. Overall, Eiffage SA demonstrates strong cash flow management even amid capital expenditure requirements.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.94B	24.04B	22.37B	20.87B	19.20B	16.66B
Gross Profit	29.15B	20.10B	18.42B	2.65B	2.27B	1.73B
EBITDA	4.05B	4.05B	3.86B	3.41B	3.09B	2.38B
Net Income	967.00M	1.04B	1.01B	896.00M	753.00M	375.00M
Balance Sheet
Total Assets	40.98B	40.31B	37.83B	36.20B	33.70B	33.72B
Cash, Cash Equivalents and Short-Term Investments	5.34B	6.10B	5.01B	4.82B	4.87B	5.26B
Total Debt	16.46B	16.70B	15.98B	15.94B	15.32B	16.36B
Total Liabilities	32.63B	32.15B	29.88B	28.77B	26.98B	27.25B
Stockholders Equity	6.95B	6.72B	6.46B	6.18B	5.49B	5.30B
Cash Flow
Free Cash Flow	2.61B	2.77B	2.46B	1.96B	1.70B	1.27B
Operating Cash Flow	3.61B	3.71B	3.32B	2.95B	2.70B	2.20B
Investing Cash Flow	-1.44B	-1.51B	-1.22B	-2.31B	-910.00M	-942.00M
Financing Cash Flow	-846.00M	-1.07B	-1.90B	-737.00M	-2.13B	-485.00M

Eiffage SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 29.31
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EFGSY, the sentiment is Positive. The current price of 29.31 is above the 20-day moving average (MA) of 28.96, above the 50-day MA of 28.42, and above the 200-day MA of 27.08, indicating a bullish trend. The MACD of 0.41 indicates Negative momentum. The RSI at 67.04 is Neutral, neither overbought nor oversold. The STOCH value of 96.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EFGSY.

Eiffage SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
APG	79 Outperform	$18.37B	116.52	8.71%	―	10.69%	―
EFGSY	76 Outperform	$14.43B	13.28	13.90%	2.54%	8.31%	-2.44%
TTEK	72 Outperform	$9.81B	28.23	19.90%	0.74%	4.69%	-24.37%
STRL	71 Outperform	$11.30B	37.93	35.73%	―	6.20%	72.81%
ACM	69 Neutral	$12.52B	22.97	27.29%	1.06%	0.21%	53.80%
MTZ	66 Neutral	$19.36B	59.33	11.18%	―	12.99%	274.10%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%